You’ve Got Money All Wrong: A Step by Step Guide to Living a Rich Life

About this episode

<p>You can be rich.</p><p>(Don’t roll your eyes at me; I’m serious.)</p><p>This is not what you think.</p><p>This episode today is so digestible. So counterintuitive. One of the most enlightening conversations I’ve had with anybody. </p><p>If I had a nickel for every epiphany I had during this episode, I’d be rich.</p><p>Most of us have been thinking about money all wrong.</p><p>It turns out that the amount of money you have in the bank (or don’t have in the bank) is only a small part of your relationship with money.</p><p>I didn’t realize this until I got to sit down with the incredible Ramit Sethi.</p><p>He’s a NYT best-selling author and finance advisor with a brand new, top-ranked Netflix series called How to Be Rich, where he coaches real people about how to take control of their financial lives.</p><p>He says you’ve been thinking about money all wrong. </p><p>This is one of my favorite conversations ever.</p><p>It changed the way I think about money.</p><p>If you were told that you need to create a budget and stick to it, Ramit calls BS.</p><p>Instead, you’ll learn about your money dials, the only four numbers that matter, the 85% Rule, why the 10 Year Bucket List is so important, the one thing you should NEVER say about yourself, and best of all, what it means to live a Rich Life.</p><p>Today’s episode is going to change the way you SEE money, because when you see it differently, you’ll treat it differently.</p><p>If you’re feeling crushed by debt, you’re trying to save for a new home, you can’t stop spending, or you’re constantly getting into arguments with your partner over money issues, you need to hear this episode today.</p><p>You have to learn to feel confident around money, and Ramit has the practical tools and resources to teach you how.</p><p>And if you’re looking for another zero-cost resource to help you change your mindset around finances, I’ve got just the thing.</p><p>Sign up for my free training called <a href="https://www.melrobbins.com/takecontrol" target="_blank">Take Control with Mel Robbins</a>. </p><p> </p><p>You’ll be joining a quarter million other students who’ve signed up already and you’ll get 3 incredible video trainings plus a 21-page workbook that will help you get the clarity you’re looking for to change the direction of your life. All you have to do is <a href="https://www.melrobbins.com/takecontrol" target="_blank">sign up here</a>.</p><p> </p><p>Xo Mel </p><p> </p><p><strong>In this episode, you’ll learn:</strong><br /><br /> </p><ul><li>6:05: Just like me, Ramit has his own story of big-time money loss. </li><li>11:20: Assignment #1: Think back to your 20’s and ask yourself this question. </li><li>12:45: How do your childhood influences impact your beliefs around money?</li><li>19:30: This is a truth bomb about money that you need to hear. </li><li>20:15: If you want to live a rich life, you need to do two things.</li><li>22:30: My favorite thing to spend money on might seem ridiculous.</li><li>24:45: Wondering what most people love to spend money on? </li><li>30:00: Why is it important to come up with a fun vision around money?</li><li>33:30: How do you define your “rich life”?</li><li>34:30: What is a rich life for someone living in debt?</li><li>37:45: I think everyone listening needs to do this fun activity.</li><li>40:30: Especially if life is hard right now, THIS is what you have to do..</li><li>45:30: Here’s how you step your way closer to your rich life.</li><li>47:00: How can you feel in control of something if you don’t understand the details?</li><li>48:30: The four numbers everyone should know to stop feeling overwhelmed by money.</li><li>56:00: NEVER say this about yourself because it will create your reality.</li><li>59:00: We have a bad relationship with money in this country.</li><li>50:00: Use this tool to figure out how long it will pay off your debt.</li><li>1:06:30: The two areas most people spend too much money on.</li><li>1:10:00: Ramit lays down the bottom line about changing your mindset around money. </li><li>1:13:00: Here’s your new money mantra to play on repeat. </li></ul><p> </p><p><a href="https://www.melrobbins.com/disclaimer" target="_blank">Disclaimer</a></p><p> </p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>